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John A. Titkanich, Jr., County Administrator <br />Michael C. Zito, Deputy County Administrator <br />W <br />Office of the <br />INDIAN RIVER COUNTY <br />ADMINISTRATOR <br />MEMORANDUM <br />TO: Members of the Board <br />of County Commissioners <br />FROM: John A. Titkanich, Jr. <br />County Administrator <br />PREPARED BY: Kristin Daniels <br />Director, Management & Budget <br />DATE: November 30, 2023 <br />SUBJECT: American Rescue Plan Act of 2021 — Proposed Spending Plan Revisions <br />BACKGROUND: <br />On March 11, 2021, President Biden signed the $1.9 trillion American Rescue Plan Act of 2021. <br />The American Rescue Plan (ARP) as it is normally referred to, is a COVID-19 stimulus package <br />that was intended to speed up the United States' recovery from the negative health and economic <br />impacts of COVID-19. Indian River County received $31,063,168 in ARP funding. The County <br />has until December 31, 2024 to encumber the funds, and until December 31, 2026 to fully exhaust <br />all funding. <br />ANALYSIS: <br />The following table shows the proposed spending revisions per category. <br />Spending Plan <br />Expense Category <br />Current Budget <br />Proposed Revisions <br />Revised Budget <br />Respond to the Public <br />Health Emergency <br />$6,409,337 <br />($192,021) <br />$6,217,316 <br />Workers Performing <br />Essential Work <br />$1,772,006 <br />($853,236) <br />$918,770 <br />Reduction in Revenues <br />$5,920,447 <br />$0 <br />$5,920,447 <br />202 <br />